Steve Madden, a well-known manufacturer of fashionable shoes and accessories for men, women and children, announced the acquisition of the fashion brand Blondo, specializing in waterproof leather shoes.
Founded over 100 years ago, the Blondo brand sells products in bulk, including to many American and Canadian shopping centers and boutiques, as well as online through its own online store.
Edward Rosenfeld, Chairman and CEO of the Steve Madden Group, commented on the situation as follows: “We are delighted to complete the purchase of Blondo, a brand that combines fashion and function. Blondo's authentic waterproof leather shoes complement Steve Madden's portfolio perfectly. It seems to us that the use of our proven business model and built infrastructure will enable the global expansion of Blondo's business. "